Average All Occupations Salary in New Hampshire
In New Hampshire, the average annual salary for all occupations stands at a robust $68,800, slightly surpassing the national average of $67,140. This favorable compensation reflects the state's economic landscape, characterized by a strong workforce and potentially higher demand for skilled labor, which often drives up pay rates.
Executive Summary
- Average Salary: $68,800 per year.
- Growth Trend: Salaries have shifted 21.3% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $121,360.
- Outlook: New Hampshire boasts a substantial total local workforce of 683,160 individuals, indicating a significant labor market. With a location quotient of 1.0, the concentration of jobs in 'All Occupations' aligns precisely with the national average, suggesting a stable and balanced demand for labor across various sectors within the state.
Salary Overview
The average All Occupations in New Hampshire earns+2.5%above the national average.
$33.1
$1,323
$5,733
All Occupations Salary Trends (2020-2024)
While specific historical data isn't provided, it's reasonable to assume that salaries for 'All Occupations' in New Hampshire have experienced steady growth over the past four years, mirroring national trends. Economic development and inflation typically contribute to an upward trajectory in average wages, ensuring that compensation keeps pace with the evolving job market.
All Occupations Salary Distribution in New Hampshire
Salary progression in New Hampshire for 'All Occupations' typically scales significantly with experience. Entry-level positions might start at a lower percentile, while senior roles command higher earnings, reflecting increased responsibility and expertise. The widening gap between salary percentiles clearly signifies robust career progression opportunities within the state.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Entry LevelStarting career. Focus on acquiring core skills. | 10% (Entry) | $31,190 | $15 |
| ExperiencedProficient professional working independently. | 25% (Junior) | $51,600 | $24.8 |
| Mid-LevelEstablished expert. Standard market value. | 50% (Median) | $52,610 | $25.3 |
| Senior LevelAdvanced skills, leadership or specialist role. | 75% (Senior) | $86,000 | $41.3 |
| Top TierIndustry leader / Executive level compensation. | 90% (Expert) | $121,360 | $58.3 |
Detailed All Occupations Market Analysis
Relocation Context
Nominal Salary
$68,800
Gross Pay
Real Wage (Purchasing Power)
$59,516
Adjusted for COL (115.6)
The average annual salary of $68,800 in New Hampshire presents a mixed picture when considering the local Cost of Living Index of 115.6. While the nominal salary is higher than the national average, the cost of living is also notably above the national benchmark, meaning purchasing power may be slightly constrained compared to areas with a lower cost of living.
Job Market Context
683,160
Total Jobs
1000
Per 1K Jobs
1
Location Quotient
With a location quotient of 1.00, New Hampshire has a slightly higher-than-average concentration of All Occupations roles compared to the national norm.
A location quotient of 1.0 for 'All Occupations' in New Hampshire indicates that the state's employment concentration for these roles is exactly in line with the national average. This suggests a competitive yet stable job market where the availability of workers closely matches the demand for various occupations, without significant over- or under-supply.
Nearby Job Markets
Nearby Cities for All Occupations
| City | Salary | Dist. |
|---|---|---|
| Manchester-Nashua, NH All Occupations Salary | $71,160↑ 3% | 33 mi |
| Portland-South Portland, ME All Occupations Salary | $68,020↓ 1% | 67 mi |
| Northern Vermont nonmetropolitan area All Occupations Salary | $64,110↓ 7% | 70 mi |
| Southern Vermont nonmetropolitan area All Occupations Salary | $62,470↓ 9% | 70 mi |
| Boston-Cambridge-Newton, MA-NH All Occupations Salary | $87,040↑ 27% | 82 mi |
Comparing salaries near New Hampshire
Hiring All Occupationss?
Frequently Asked Questions
How much does a All Occupations make in New Hampshire?
The median annual salary for a All Occupations in New Hampshire is $68,800. This typically ranges from $31,190 for entry-level positions to $121,360 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in New Hampshire is 2.5% higher than the national median of $67,140.
Is New Hampshire a lucrative place for All Occupationss?
Yes, with caveats.New Hampshire offers an average salary slightly above the national average, but its higher cost of living means the effective purchasing power needs careful consideration.
Is New Hampshire a good place to live for All Occupations?
The Cost of Living Index in New Hampshire is 115.6. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near New Hampshire?
Some top paying nearby cities include Manchester-Nashua, NH ($71,160) and Portland-South Portland, ME.
How does New Hampshire's average salary compare to the national average?
The average annual salary in New Hampshire is $68,800, which is higher than the national average of $67,140.
What is the Cost of Living Index in New Hampshire?
New Hampshire has a Cost of Living Index of 115.6, meaning it is 15.6% more expensive to live there than the national average.
How large is the workforce in New Hampshire?
The total local workforce in New Hampshire comprises 683,160 individuals.
What does a Location Quotient of 1 mean for jobs in New Hampshire?
A Location Quotient of 1 signifies that the concentration of jobs for 'All Occupations' in New Hampshire is the same as the national average, indicating a balanced job market.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 683,160 employees in the New Hampshire area with a job density of 1000 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
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Semantic Salary Analysis for All Occupations • Data source: BLS OEWS 2024 •Jobs in New Hampshire